() joined Wall Street’s prestigious S&P 500 index on December 21 as its sixth-largest member, becoming the latest tech inductee alongside the likes of Amazon, Apple and Facebook.
Here in the second of a three-part series on the electric vehicle maker, our chief feature writer Oli Haill looks at Tesla’s launch plans and competition.
Launching its fastest road car yet
By the end of 2021 Tesla plans to have delivered the first versions of its most powerful vehicle to date, the souped-up version of its Model S electric sportscar.
The Model S ‘Plaid’ will have an estimated range of “more than 520 miles” and a top speed of 200mph from an electric powertrain made up of three motors.
Facing a lot more EV competition
Tesla’s current valuation is “like it’s operating in a vacuum”, an analyst from US broker Roth Capital Partners said recently.
But this vacuum will be more